M&F Bancorp Inc. (OTCMKTS:MFBP) Sees Significant Growth in Short Interest

M&F Bancorp Inc. (OTCMKTS:MFBP) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 77 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 13,007 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

M&F Bancorp Price Performance

Shares of MFBP opened at $49.40 on Friday. M&F Bancorp has a 1 year low of $18.40 and a 1 year high of $49.40. The company has a market capitalization of $95.84 million, a price-to-earnings ratio of 46.60 and a beta of -0.59. The business has a 50-day moving average of $35.88 and a 200-day moving average of $28.05.

M&F Bancorp (OTCMKTS:MFBP) last posted its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.18 EPS for the quarter. The company had revenue of $5.77 million during the quarter.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.